[foundation-board] R&D credits vs Corporation tax

James Casbon james.casbon at okfn.org
Tue Apr 3 15:29:09 UTC 2012

Would it be worth asking Lucrafts to check if we are eligible under
this scheme...

"""The Small and Medium-sized Enterprise Scheme
This scheme has higher rates of relief. From 1 April 2011, the tax
relief on allowable R&D costs is 200 per cent - that is, for each £100
of qualifying costs, your company or organisation could have the
income on which Corporation Tax is paid reduced by an additional £100
on top of the £100 spent. It also includes a payable credit in some

There is a huge amount of guff about what qualifies for R&D...

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